Problems with late payments, often a contributing factor for businesses entering administration, are still proving to be a problematic issue for small businesses in the UK.
New data from Dun & Bradstreet (D&B) found that the rate at which the Government pays its suppliers on time has slowed by 3.5 percentage points since the end of last year. This is the poorest performance seen since September 2011 and poses a serious cash flow issu... Continue Reading
A hotel in Bideford, which was subjected to fire damage back in 2011, has now been put up for sale.
Located on the town's quay, Tantons Hotel was one of the largest hotels in Bideford before it was hit by the fire. It had 53 en-s1`uite bedrooms, a large restaurant and bar and a number of function rooms.
However, it has stood vacant since the fire and although work was started in 2011 to rebuild the property, it was... Continue Reading
The Richmond Arms pub in Lansdown has been put up for sale again after it was previously taken off the market when planning permission to convert it to residential property was denied.
Located near Bath, the property is owned by Punch Taverns and is part of a broader sell-off by the company of what it has seen as under performing assets.
Reports from the Bath Chronicle stated that the company was told by the local counci... Continue Reading
Anyone looking to buy a business in Newcastle upon Tyne might find that the Bigg Market toilets offer an unusual opportunity.
Officials from Newcastle City Council put the toilets up for sale in the hope that a business man or woman would put them to good use and make a success of what is currently a wasted space.
The public toilets were constructed in 1898 and inside there are 18 urinals, five cubicles and a cupboard in... Continue Reading
A well-loved cafe in Dalston, north-east London, has been put on the market, its owners have confirmed on Twitter.
Thanks to its unusual collection of artwork and quality coffee, Tina, We Salute You has a strong reputation with the local population in the area. However, the cafe's owners have announced that their plans have taken a different turn.
A tweet from Danny and Steve confirmed via the social networking site... Continue Reading
The Magnesia Bank, a popular pub in North Shields, is on the look out for a new owner after being put on the market.
Jarrow Brewery is selling the business through Christie + Co. with a price tag of £375,000 and although the next buyer will be the fourth new owner in two years, the sellers are hopeful that the pub still has a lot to offer a new landlord and the community.
Christie's associate director Mark Worley... Continue Reading
Offers in the region of £500,000 are being invited for Fife Animal Park, which is home to 76 species of animal including zebras, water buffalo, deer, Alpaca, raccoons, and meerkats.
Located in Collessie, near Cupar, the ten-acre site was opened in 2007, and has proved to be popular with groups from local schools and nurseries as well as tourists.
The park, which includes a visitor centre, kids' play parks and resta... Continue Reading
Retailers aren’t having a good time of things at the moment, after a series of events have served to lower consumers’ trust in certain shops.
Overall sales growth in September had dropped for the second month running, with additional research indicating that trust in the retail sector has fallen to a four-year low.
Research from the OC&C Strategy Consultants showed that trust in the retail industry had fallen by one... Continue Reading
A pub in Birmingham with a colourful local history is on the market for £175,000.
The Garrison has stood empty and derelict for 13 months but locals are hopeful that it can be brought back to life.
The Victorian building has a history as the place where Birmingham mobsters, The Peaky Blinders, chose to have a drink. It has featured in the BBC2 series, The Peaky Blinders, several times and while it represents a darker p... Continue Reading
When it comes to selling a business there are a number of different ways of going about it. Companies like ourselves offer access to a targeted audience, while brokers are an alternative option for sellers looking to handover most of the process.
But one company has opted for a more modern approach and has listed for sale on eBay. Starlight Cabs in Worthing is up for sale on eBay for £90,000. The business can also be found on the ... Continue Reading
The Free Press, a pub in Cambridge, is on the market after the landlord announced his intention to focus on his new pub.
Craig Bickley, who has been the pub's landlord for 13 years, is shifting his focus across to the Alexandra Arms in Petersfield, leaving the Prospect Row pub up for grabs. Fortunately, the pub's owner, Greene King, has confirmed that it will be kept as a pub, rather than repurposed.
Mr Bickley... Continue Reading
A pub in Headington, Oxfordshire, is on the market again after residents failed to submit the required documentation to obtain preferred bidder status.
The Fairview Inn was designated a community asset in July after locals launched a successful campaign to save the pub. They were awarded a six-week time period within which to submit a notification to the council signalling that they wish to become a preferred bidder for the property.... Continue Reading
Another perk to buying a small business in the UK has sprung up from the results of a recent survey conducted by Hiscox.
The research looked at 500 small businesses in six countries: the UK, Germany, France, the US, Netherlands and Spain. It found that entrepreneurs in the UK worked for an average of 37.6 hours a week, while the average was 41 hours. UK entrepreneurs also had some of the highest numbers of holiday days, with an avera... Continue Reading
Research has suggested that small businesses are feeling increasingly confident about the future, with over half stating that they expect to grow over the course of the next 24 months.
The Finance Monitor survey questioned 5,000 SMEs in the second quarter of the year and found that 51 per cent expect to grow over the next 12 months. This is an increase on the 48 per cent that expressed this view in the previous quarter and the highes... Continue Reading
The pub that sparked off long-running BBC Radio 4 series, The Archers, has been put up for sale.
Located in the Worcestershire village of Inkberrow, The Old Bull pub is said to be the fictional setting for the series.
Its owners, Lyn Fishburn, 62, and Mike McCarthy, 60, have opted to sell the pub after six years operating the pub as landlords. Speaking to The Daily Mail, Mr McCarthy explained the reasons behind the sale... Continue Reading
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